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    39-43 Market Sq Newington, CT 06111

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    For Sale
    $325,000

    Mixed-use property with retail and office/flex space in Newington.

    Property size:
    3,694 SF
    Lot size:
    0.07 Acres

    Property Features for 39-43 Market Sq

    General Information

    Size
    3,694 SF
    Lot size
    0.07 Acres

    Source: Elite Commercial Real Estate Agent Carl Berman, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Newington Center

    This mixed-use property is located in Newington Center. The building includes retail tenants on the first floor and office/flex uses on the second floor. The property benefits from high visibility and ample free parking is available in close proximity. The building offers diverse tenant mix.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7221055
    Latitude
    41.696231

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and office/flex space in Newington.
    Where is this mixed-use property located?
    The property is located at 39-43 Market Sq Newington, CT.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Great visibility; - Ample free parking for tenants and customers; - Mixed-use property offering retail, office, and flex spaces
    (860) 841-3821
    Request Owner's contact information
    39-43 Market Sq Newington, CT 06111
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    Newington, CT 06111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39-43 Market Sq Newington, CT 06111
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